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MYX Perpetual Contract Approaches Negative Fee Limit Amid High Liquidation Volumes
The MYX perpetual contract on a leading centralized exchange has hit the maximum negative fee rate, with its 24-hour liquidation volume ranking just behind Bitcoin and Ethereum.
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AI Analysis
The recent development where the MYX perpetual contract on a major centralized exchange has reached its negative fee limit indicates a significant imbalance in market activity. This situation often oc...
AI Recommendation
Investors should exercise caution in engaging with the MYX perpetual contract under these volatile conditions. The approaching negative fee limit signals extreme market stress, which could result in r...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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